September 8, 2019
Inflation is lower but food remains expensive amid declining real wages for many Filipinos.
December 5, 2018
On the release of the November 2018 inflation rate, research group IBON said that prices are still high and rising even with the reported slowdown. This remains a burden on poor families trying to live off low and precarious incomes. Substantial and longer-term solutions are still needed, said the group. Headline inflation slowed to 6.0% […]
November 16, 2018
The salaries of education workers are being battered by unprecedented rising prices, research group IBON said. The paltry increases, which even came in trickles under Executive Order 201, have already been eroded since they were applied in 2016, said the group. In a media forum, IBON executive editor and research head Rosario Bella Guzman said […]
November 7, 2018
October 26, 2018
“A large wage hike is also justified by growing worker productivity. Between 2009 and 2017, labor productivity in NCR grew by 35% from Php456,059 per worker to Php614,297. However, that same period, the real value of the mandated minimum wage only increased by 11% and of ADBP by 16%, both measured in real terms at […]
October 26, 2018
“NCR firms have more than enough profits to support a Php238 minimum wage hike. The latest data from the Philippine Statistics Authority’s (PSA) Annual Survey of Philippine Business and Industry (ASPBI) reports that NCR firms (with 20 and over employees) had combined profits of Php903 billion in 2015 while giving an average daily basic pay […]
October 17, 2018
October 11, 2018
As the Metro Manila regional wage board deliberates a minimum wage hike for later this month, research group IBON said that a much-needed Php238 minimum wage increase is possible and need not be inflationary. Millions of Filipino workers including in the National Capital Region (NCR) are burdened by high prices of goods and services. The […]
September 6, 2018
The National Capital Region (NCR) daily minimum wage with Php30 Cost of Living Allowance (COLA) totaling Php512 is not enough for a family of five members to be able to afford their basic needs. The minimum wage in the rest of the country’s regions is set at even lower levels.